Quarterly Activities/Appendix 4C Cash Flow Report

• $12.2m Total Group ARR in Q2 FY26, up 47% on pcp
• $7.1m Enterprise ARR in Q2 FY26, up 11% on pcp
• Nexvia achieved record ARR of $3.4m in Q2 FY26, up 13% on pcp

Felix Group Holdings Ltd (ASX:FLX) reported its quarterly business update and Appendix 4C for the period ended 31 December 2025 (Q2 FY26). Total Group ARR reached $12.2m in Q2 FY26, reflecting a 47% increase from the prior corresponding quarter. This step change in revenue trajectory was underpinned by growth in Enterprise ARR and the acquisition of Nexvia. Enterprise ARR for Q2 FY26 was $7.1m, increasing 11% on the prior corresponding period, driven by two new contract wins and one contract expansion. Nexvia, which was acquired in October 2025, recorded $3.4m ARR in Q2 FY26, up 13% on the prior corresponding period. The Vendor Marketplace grew to 126,031 Vendors at the close of Q2 FY26, up 9% from the prior corresponding quarter. Felix has commenced a series of AI-powered product development initiatives to unlock greater value from historical platform data and drive efficiency gains for enterprise customers. The company reported receipts from customers of $2.6m and net operating cash outflows of $2.4m for the quarter, with the latter impacted by non-recurring, one-off costs. Felix ended the quarter with $7.2m in cash and cash equivalents.

Felix reported Total Group ARR of $12.2m in Q2 FY26, up 47% from the prior corresponding quarter. Enterprise ARR was $7.1m, up 11% on pcp, while Nexvia recorded $3.4m ARR, up 13% on pcp.

Felix is focused on accelerating Nexvia's sales momentum and completing the technical integration of the platform to unlock greater value for customers. The company is also leveraging its expanding network to identify new opportunities for vendors to benefit from the Nexvia platform.